Armed with CFTC green light approval, Polymarket launches its mobile platform app for sports and proposition markets under federal oversight, marking its U.S. return after a 2022 regulatory ban. The iOS app is rolling out via a waitlist, with Android support coming soon and plans to expand into proposition and election markets. The launch comes amid rising interest in prediction markets, as rival Kalshi recently closed a $1 billion funding round.

Armed with CFTC green light approval, Polymarket launches its mobile platform app for sports and proposition markets under federal oversight, marking its U.S. return after a 2022 regulatory ban. The iOS app is rolling out via a waitlist, with Android support coming soon and plans to expand into proposition and election markets. The launch comes amid rising interest in prediction markets, as rival Kalshi recently closed a $1 billion funding round.
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"Now, with formal CFTC approval in hand, Polymarket is operating as an intermediated exchange under U.S. federal rules, much like traditional commodities platforms. The company is positioning itself not as a sportsbook, but as a venue for trading on the outcomes of real-world events."

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